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HKMA: Yuan Quota Talks Moving in 'Right Direction'

HONG KONG—Negotiations with authorities in China are "moving in the right direction" to set a key yuan quota for next year, said Hong Kong's top central banker.

In an interview Friday, the Hong Kong Monetary Authority's chief executive Norman Chan also said that China's biggest policy bank would be issuing billions more in Hong Kong yuan-denominated debt, or "dim sum bonds."